US - Federal Reserve: Meeting under Expedited Procedures to "Review and determination by the Board of Governors of the advance and discount rates to b

[sharon sanders]

Closed Board Meeting on February 14, 2022

Government in the Sunshine Meeting Notice


Advanced Notice of a Meeting under Expedited Procedures

It is anticipated that the closed meeting of the Board of Governors of the Federal Reserve System at 11:30 a.m. on Monday, February 14, 2022, will be held under expedited procedures, as set forth in section 261b.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board's offices at 20th Street and C Streets, N.W., Washington, D.C.. The following items of official Board business are tentatively scheduled to be considered at that meeting.

Meeting Date: Monday, February 14, 2022
Matter(s) to be Considered:


1.
Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks.

A final announcement of matters considered under expedited procedures will be available in the Board's Freedom of Information and Public Affairs Offices and on the Board's Web site following the closed meeting.

For more information please contact: Michelle Smith, Director, Assistant to the Board, Division of Board Members at 202-452-2955.

Supplementary Information:

You may contact the Board's Web site at http://www.federalreserve.gov for an electronic announcement about applications and other expedited items, as well as procedural and other information about the meeting.



Dated: 02/10/2022

https://www.federalreserve.gov/aboutthefed/boardmeetings/20220214closed.htm

 

[sharon sanders]

bump this

 

[Emily]

https://finance.yahoo.com/news/wrapup-1-fed-split-over-170137725.html
WRAPUP 1-Fed, split over opening rate bid, may put weight on February data

Mon, February 14, 2022, 11:01 AM
By Howard Schneider

WASHINGTON, Feb 14 (Reuters) - U.S. Federal Reserve officials continued sparring over how aggressively to begin upcoming interest rate increases at their March meeting, with a final inflation reading just ahead of the two-day session taking on potentially outsized importance.

St. Louis Federal Reserve President James Bullard on Monday reiterated calls for a faster pace of Fed interest rate hikes, saying that four strong inflation reports in a row warranted more aggressive action and that the central bank needed to "ratify" market expectations about its upcoming moves.

Bullard, who himself helped shape those expectations with calls last week for a 50 basis point increase at the Fed's March meeting, said on CNBC that the Fed's "credibility is on the line" in its quest to bring inflation down from the current 40-year high of more than 7%...

 

[sharon sanders]

bump this